August 2017

GLOBAL CHROME WRAP: China chrome markets increase in line with stronger domestic steel sector, shoring up support in other Asian regions

The US market has edged higher on tight supply this past week, while European low-carbon ferro-chrome is up and market sentiment suggests that the rest of the market may soon follow.

MB NON-FERROUS PRICE CHANGES 11/08: Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 11:

DAVIES ON ALLOYS: FeCr benchmark complaints change course amid spot market parity

Spot ferro-chrome prices, since the sharp drop in the European benchmark price for the third quarter of 2017, are in line with or higher than the quarterly reference – an unusual phenomenon in the ferro-chrome market.

Glencore’s H1 ferro-alloys Ebitda rises 258% vs last year

Glencore’s ferro-alloys department generated $348 million in Ebitda in the first half of 2017, up 258% from a year earlier, according to the trader-miner’s half-year results released on Thursday August 10.

ASIAN MORNING BRIEF 09/08: Aluminium leads rise in LME base metals; Comex copper retreats, Shandong orders aluminium capacity cuts

The latest news and price moves to start the Asian day on Wednesday, Aug. 9.

GLOBAL CHROME WRAP: Chinese spot FeCr prices rise on increased demand, underpinning sentiment in other Asian markets

Chinese high-carbon ferro-chrome prices increased in line with stronger consumer demand last week, which gave support to market sentiment in other Asian markets where prices were steady. The European high-carbon ferro-chrome market was also stable, with suppliers holding firm on a base price of $1.10 per lb, despite low-key trading activity in the seasonal slowdown.

MB NON-FERROUS PRICE CHANGES 04/08: Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 4: